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Silicon Valley Bank has invested $1.5m in online party planning start-up Punchbowl.com.

The provider of IT and data centres for outsourcing was backed by listed financial investor MCG Capital Corporation and venture firm Signal Peak Ventures.

ING was joined backing the Belgium-based data management software company by venture firm Plug and Play Ventures and angels.

Salesforce-backed ServiceMax, formerly known as Maxplore Technologies, has raised $52m in aggregate.

Zurich Financial Services Group, Edison and private equity firm Ticonderoga Capital backed the provider of clinical and regulatory information management services' $10m C round in 2006.

Intrexon sees future in genetically modified (GM) animal produce, buys 48% stake in genetically modified fish research firm Aquabounty from firm of Georgian ex-scientist turned oligarch with plans to become supermajority stakeholder.

Online back-up solution Carbonite acquires recovery software provider Zmanda for $14.8m